Fake medications still remain the topmost concern in the global pharmaceutical industry. Currently, in the intricate global economy, augmentation of online transactions and complex pharmaceutical supply chains has made it even more difficult to detect such counterfeit drugs.

The pharmaceutical industry is battling simultaneously against counterfeit drugs thriving online, and also in hospitals and pharmacies. These counterfeit drugs not only affect the reputation of the drug manufacturers and cause sales loss, but they are very much dangerous to our health too.

Nowadays, with steep competition in almost every industry, another industry is slowly flourishing behind the scenes – the counterfeit industry. For every single industry out there, there is a parallel in the world of the counterfeit.

Weare so usedtothe finer things in life, and abandoning them might cause a huge rift in our lifestyle or our fashion sense. That undulation can only be gapped when we gettobuy or savor the kind of clothing we intend onbuying.

Rapid globalization and easy access to places and things fromallovertheglobe have also increasedtheimportance of trade, trademarks and brand names particularly when for each and every genuine good sold out thereisthecounterfeit already available.

Black markets are filled withfakegoods with a slightly distorted brand name, just to avoid cases of infringement. Todaytheproduction offakegoods has increased so much that a dayisenough to come up withthefakeversion oftheoriginal goods!Continue reading ““If you can Make it, you can Fake it.” “

Millennials are up to no good; they are indecisive and want to be that “hip kid” from the block. Half of this demographic uses various e-commerce websites to buy all the luxury items they want.

With the globalization of various luxury item brands, these companies face a sheer amount of problems which usually revolves around counterfeit goods. Counterfeit of such luxury items are quite popular in the market, and
as per a recent report, INR 6000 crores worth of counterfeit products were sold in 2017 till date.

The world of counterfeiting has been reckless and has advanced itself at the same time. They have provided cheap knock-offs to apparels which look entirely identical. It is widely known that even the duped products can be sold online.
These sellers, in particular, are always luring the consumers with enticing price tags which give them an upper hand.

The apparels sold one, gets to the consumers, and they find to their surprise that it is not authentic and leaves it be.

The pressure keeps building on the students, and ironically enough, they are being pushed to the crowd even though are the ones trying to stand out amongst it. Within the rat race of trillion souls, it takes one to get degrees and certificates as a token of validation which in turn gives those jobs.

These are milestones and are indeed of utmost importance whether one likes it or not. With the apparent pressure, the younglings are often being forced into doing things that they are not very fond of, so they end up finding easy ways out.

People might often end up buying a cheap knock-off of any apparel without even being aware of the fact that they got duped. That is probably because of the lack of proper awareness from/by the brands.

A knock-off is hard to differentiate, even though if one looks into the fake products closely, the difference is quite visible and palpable. But what if someone buys the wrong kind of dress and pays the price of the original?